General adjusters are the unsung heroes of the insurance industry but, unfortunately, are under tremendous stress and pressure. A general adjuster is an insurance professional responsible for analyzing incidents to determine the insurance company's financial liability.
A public adjuster's duties revolve around researching the property or physical damage related to insurance claims. Since they have to investigate insurance, the extent of ensuring companies liabilities, they must possess analytical, math, and communication skills of the highest order.
Most of the general adjusters have a college degree. Regardless, they can become one with only a high school degree or GED. The average property general adjuster salary in the United States is $62,844 as of December 28, 2020. Still, the salary range typically falls between $55,953 and $70,669; although, compensation may vary according to skills and education.
There is more than meets the eye when it comes to being a general adjuster. For example, did you know that they make an average of $40.22 an hour? That's $83,657 a year!
Between 2018 and 2028, the career is expected to grow -4% and produce -13,000 job opportunities across the U.S.
There are certain skills that many general adjusters have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and detail oriented.
When it comes to the most important skills required to be a general adjuster, we found that a lot of resumes listed 19.4% of general adjusters included customer service, while 18.4% of resumes included xactimate, and 14.9% of resumes included insurance companies. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the general adjuster job title. But what industry to start with? Most general adjusters actually find jobs in the insurance and retail industries.
If you're interested in becoming a general adjuster, one of the first things to consider is how much education you need. We've determined that 66.1% of general adjusters have a bachelor's degree. In terms of higher education levels, we found that 5.9% of general adjusters have master's degrees. Even though most general adjusters have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a general adjuster. When we researched the most common majors for a general adjuster, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on general adjuster resumes include master's degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a general adjuster. In fact, many general adjuster jobs require experience in a role such as adjuster. Meanwhile, many general adjusters also have previous career experience in roles such as claims adjuster or claims representative.